UDB lends UGX 10–5 billion to Ugandan SMEs in agriculture, manufacturing, technology, tourism and health for capital investment and expansion. You need registration, a viable plan, audited accounts, and collateral; startups face stricter security requirements.
UDB provides medium to long-term financing to Ugandan SMEs and startups across priority sectors including agriculture, manufacturing, tourism, and technology. Loans support capital investment, working capital, and business expansion. Borrowers benefit from competitive interest rates and flexible repayment terms compared to commercial banks.
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UDB assesses applications against viability of your business plan, your financial capacity to repay, the quality and acceptability of security offered, and compliance with environmental and social safeguards. Processing times vary; the bank typically communicates approval or rejection in writing within a stated timeframe. Startups face additional scrutiny and may be asked to provide guarantors or enhanced security. Once approved, you move to legal documentation and fund disbursement.
What reviewers look for
UDB offers competitive rates compared to commercial banks, but the exact rate depends on your risk profile, loan size, tenor, and collateral quality. Request a rate quote during application.
UDB provides medium to long-term financing. Repayment terms are flexible and tailored to your cash flow; this will be agreed during loan structuring.
Yes, but you will need to provide additional security, a strong guarantor, and detailed projections. UDB typically requires more proof of your capacity to repay.
UDB may accept alternative security such as a personal guarantee from a creditworthy individual, or equipment as security. Discuss options with the bank directly.
The SME Loan Facility operates on a rolling basis; applications are accepted throughout the year. Check the UDB website for any sector-specific windows or campaigns.
Guide written from the official programme page on 15 October 2026. Funders change their rules, so confirm the details on the official page before you apply.
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